Austrian Economics Newsletter , Vol 3, No. 1, Summer 1980. Fritz Machlup's contributions to economics span a period of over 45 years. Born in 1902 in Wiener Neusstadt, Austria, he published his first book Die Goldkernwahrung (The Gold Exchange Standard) in 1925, the outgrowth of a dissertation...

Volume 12, Number 1 (Fall 1990) The method of Austrian economics stresses the use of words and concepts rather than mathematics, but, unlike mathematics, words and concepts change their meaning through time. That f '(x) < 0 implies a negatively sloping curve was as clear. to Newton as it is...

Volume 12, Number 3 (Summer 1991) AEN: Throughout your career as an economist, you have shown interest in social ethics. YEAGER: I don't see anything peculiar about economists being interested in ethics. The two fields overlap. Both are concerned with how people can function together in society...